Dogecoin fell below the $0.10 mark on February 24, 2026, continuing a broader crypto market decline that also hit Bitcoin and Ethereum.
Dogecoin (DOGE) Price
DOGE dropped as low as $0.0909 before staging a small recovery. The price is currently hovering under $0.0950, showing no clear sign of a reversal yet.
The coin is trading below the 100-hourly simple moving average. A bearish trend line has formed on the hourly chart, with resistance sitting at $0.0958.
A recovery attempt pushed the price briefly above $0.0925, but it failed to hold above the 38.2% Fibonacci retracement level of the recent drop from $0.0974 to $0.0909.
For bulls to regain control, DOGE needs to close above $0.0958, then $0.0975. A move past $0.0975 could open the door to $0.10 and possibly $0.1020.
On the downside, if DOGE stays below $0.0958, the next support levels are $0.0910 and $0.0880. A break below $0.0880 could send the price toward $0.0832 or $0.0820.
While the short-term price action looks weak, one longer-term metric is drawing attention from analysts.
Alphractal founder Joao Wedson posted on X that DOGE has now crossed 1,100 on his “Number of Days Spent at a Profit” indicator — a first in Dogecoin’s history.
The metric counts how many prior days in DOGE’s history saw prices higher than today’s level. A higher number means today’s price is below a larger share of its historical trading range.
Before this reading, DOGE only crossed the 800-day threshold twice. Both times happened near major market bottoms — March 2020 and October 2023.
After the March 2020 bottom, DOGE rallied from around $0.0011 to nearly $0.76 by November 2021 — a gain of over 65,000%.
After the October 2023 low, DOGE climbed roughly 750%, rising from $0.0569 to $0.4846 by December 2024.
He framed it as a regime-level data point about where today’s price sits relative to Dogecoin’s full trading history.
As of February 24, DOGE continues to trade below $0.0950 with bearish pressure intact on the hourly chart.
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